10 Local Business Rates Discretionary Rate Relief and Retail Discount Schemes 2020/21 PDF 76 KB
Decision:
RESOLVED:
1. That the Local Discretionary Business Rate Relief Scheme for 2020/21 be agreed.
2. That the new Retail Discount Scheme for 2020/21 be agreed.
Minutes:
The Deputy Leader and Cabinet Member for Finance presented the report which set out proposals for discretionary rate relief and retail discount schemes. The process for determining who receives relief would be fair and would enable local businesses to thrive.
The Chair welcomed the recommendations which would benefit small businesses in Merton, including around 30 pubs, and that the rate relief would be allocated automatically.
RESOLVED:
1. That the Local Discretionary Business Rate Relief Scheme for 2020/21 be agreed.
2. That the new Retail Discount Scheme for 2020/21 be agreed.